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Smaller decline seen in expected yields of financial products

BEIJING
2015-11-16 16:52

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Chinese banks sold 751 kinds of non-structured wealth investment products in the week ending on Friday, with expected yield averaged at 4.4 percent, down 0.01 percentage point week on week.

Only one product was expected to have a yield higher than 6 percent, while 89 products had an expected yield of higher than 5 percent. The decline in average expected yield narrowed down in the past week.

The average yield of products sold by joint-equity banks rebounded marginally, while that of state-owned banks and city banks continued falling.

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